Measuring the ROI of Compliance Automation

There's a lot of hype today around compliance automation, yet how do you get started? And what areas are most important to automate?
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Before we delve into the how-to's, we'll discuss the tangible benefits of automating your GRC processes, and then how to get started. You'll gain an understanding of how to measure ROI on your investments, and build a strategy for rolling this out at your organization.

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Benefits of compliance automation

Anything worth doing is worth doing right. Here's why:

Increased speed & efficiency

Nearly half of companies today spend around 20,000 hours a year on compliance. Automations can drastically reduce time spent on tasks like evidence collection, user access reviews, and issue remediation.

Decrease in errors
and penalties

Non-compliance costs the average company $4M in lost revenue. To err is human, but auditors are not forgiving. Automate away manual work and use your human resources for more strategic compliance initiatives.

Greater trust
with customers

For SaaS companies, providing security posture is table stakes for closing deals. Automation can simplify the audit process and get you the audit certifications you need to close business. Turn compliance into a competitive weapon.